The Hindu Business Line : Organised sector may add 10 lakh workers by December: Study

Bangalore, March 8 Over 10 lakh people are expected to join the country’s organised employment pool by December, with the highest employment opportunities in the health, hospitality, education, training and consultancy sectors. Currently the country has about 33.6 crore people working in the 22 sectors studied by human resource firm Ma Foi Management Consultants.

The study, titled ‘Employment Trends for 2008’, found that sectors such as mining, minerals, food products, furniture and textiles are predicting a negative growth in employment during the year.

Ma Foi’s Employment Survey 2007 (METS ’07) showed that the highest average salary increase during the year was experienced by the energy generation and supply sector (16.8 per cent), followed by real estate and construction industry (16.1 per cent), IT (15.7 per cent), manufacturing of furniture (14.8 per cent) and hospitality (14.2 per cent).

The city-wise analysis showed that though metros were seen to generate maximum employment numbers in 2007, in terms of percentage change in employment numbers in 2008 Hyderabad (29.7 per cent), Pune (28.1 per cent) and Bhubaneshwar (22.1) per cent were the forerunners.

The study also showed that most sectors were planning an average fresher-to-experienced employee intake of 30:70 during the year.

The survey covering 2,006 units across geographical regions, size, class, ownership types had both HR managers and CEOs responding to the survey.

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